Required margin by FCMs hit all-time high
JP Morgan reported the largest monthly increase across the 48 reporting firms
Required client margin held by futures commission merchants (FCMs) hit an all-time high of $273 billion in February, data from the Commodity Futures Trading Commission (CFTC) shows.
On aggregate, the 48 reporting FCMs held an additional $6.3 billion of required segregated customer funds to cover for their futures and options (F&O) trades over the previous month.
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